Myanmar user-side energy storage power station subsidies

4 FAQs about [Myanmar user-side energy storage power station subsidies]

Who manages Myanmar''s energy sector?

Myanmar’s energy sector is managed by the Ministry of Electric Power (MOEP) and the Ministry of Energy (MOE), which together account for over one-third of public sector revenue. Before May 2022, the two ministries operated under one single Ministry of Electricity and Energy (MOEE).

What is happening in Myanmar''s power sector?

Myanmar’s power sector has been severely afected by the ongoing political turmoil. The power sector has been spiralling downward since 2021 with prolonged electricity blackouts throughout the country. Electricity generation has been declining, resulting in a widening power supply–demand gap.

Does Myanmar need more generating capacity?

Myanmar had a dificult time trying to mobilize investment in additional generating capacity in the past, and now it is even more dificult to meet the large investment needs. More than 2 gigawats (GW) of natural gas-based power plants involving foreign direct investment are on hold.

Will increasing imports help ease the electricity supply shortages in Myanmar?

While increasing imports could help to ease the electricity supply shortages in Myanmar, it remains challenging under the current circumstances. Improving power sector financial viability and recovering customer confidence are critical for private sector capital mobilization to enhance the quality of electricity services.

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